☢️ Google goes nuclear

🧑🏼‍✈️ While Boeing fires thousands

How to find the silver linings in horrific destruction.

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📰 Market Headlines

The Dow and S&P 500 hit record highs yesterday, as investors awaited key earnings reports and economic data.

  • The S&P 500 climbed 0.77%, marking its 46th record close of the year. The Dow rose 0.47% and the Nasdaq gained 0.87%.

Israeli Prime Minister Netanyahu agreed to limit retaliation against Iran to military targets after the Oct. 1 missile attack, avoiding nuclear or oil sites.

Boeing announced plans to cut 10% of its global workforce and delay the launch of its 777x jet.

Google agreed to purchase 500 megawatts of power from Kairos Power's small modular reactors for AI operations.

🕶️ Market Vibes

🎰 Market Forecasts and Futures

Forecasts via Kalshi, the prediction market.

😱 Fear and Greed Index

🎤 What you said last time

It looks like a lot of you have never seen Flight of the Intruder.

What you had to say:

“Today I learned I'm a big fan of Vietnam War movies”

📈 Trends you need to know

Nearly all the world’s nuclear reactors under construction are in China.

🧠 What do you think?

Nuclear power is

Login or Subscribe to participate in polls.

📊 Stocks

Get $20 free shares at public.com using code ALTSCO.

Winners and losers

Earnings, upgrades, and acquisitions

What to look out for this week:

  • Monday: No notable earnings.

  • Tuesday: Bank of America (BAC), Charles Schwab (SCHW), Citi (C), Goldman Sachs (GS), J.B. Hunt (JBHT), Johnson & Johnson (JNJ), Progressive (PGR), State Street (STT), United Airlines (UAL), UnitedHealth Group (UNH), Walgreens Boots Alliance (WBA)

  • Wednesday: Abbott (ABT), Alcoa (AA), ASML (ASML), Citizens (CIA), Discover Financial Services (DFS), Morgan Stanley (MS)

  • Thursday: Netflix (NFLX), Blackstone (BX), Travelers (TRV), First National Bank (FBAK), Western Alliance (WAL), WD-40 (WDFC)

  • Friday: Ally Financial (ALLY), American Express (AXP), Comerica (CMA), Procter & Gamble (PG)

Market movers

Ideas, trends, and analysis

  • US EV sales rose 11% YoY, capturing 8.9% market share.

  • Oil fell 2% after OPEC cut its demand forecast and China’s stimulus disappointed.

Recommended Newsletter

🌍 Global Perspectives

  1. 🇰🇵 🇰🇷 North Korea announced plans to destroy cross-border roads with South Korea as tensions rise over drone incidents. [Ed: Drones don’t need roads]

  2. 🇮🇱 🇵🇸 Israeli tanks pushed deeper into northern Gaza, forcing families to flee under heavy fire.

  3. 🇨🇳 🇹🇼 China ended war games around Taiwan but hinted at future military drills.

  4. 🇩🇪 An ex-East German Stasi officer was sentenced to 10 years for a 1974 Berlin Wall killing.

  5. 🇻🇪 Venezuela recognized a fiery ritual for goddess Maria Lionza as cultural heritage.

📊 Crypto

  • Google searches for "bitcoin" hit a yearly low, despite a 142% price rise.

  • Tether CEO Paolo Ardoino announced plans to enter commodities trading and traditional finance.

  • Crypto investments saw $407 million in inflows, with Bitcoin leading at $419 million.

  • Michael Saylor announced plans to acquire $150 billion in Bitcoin through various tools.

🧠 Errata

  • The US National Zoo's panda drought is ending with two new pandas from China.

  • Scientists in Brazil found a 237-million-year-old fossil.

  • NASA launched a spacecraft to Europa, searching for alien life in its ocean.

  • Bath & Body Works apologized for the candle packaging, which resembled KKK hoods.

📺 What to Watch Today

That’s all for today. Did I miss anything? Smash the reply button to let me know.

Cheers,

Wyatt

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